I have always been referring about the four legs of The Indian Financial System, all of which are equally important. These are Development Financial Institutions (IFCI, SIDBI, NABARD, EXIM Bank, et al), Banks (Public, Private, Foreign, Cooperative, RegionalRural, and Local Area Banks), Non-Banking Financial Companies (Leasing, Hire Purchasing, Merchant Banking, Credit Rating, Credit Information, Asset Reconstruction Companies, Chit Funds, Nidhis, Micro Finance, etc), and National Savings - Postal Services. This information on Postal Savings Scheme collections at Rs. 2,74,720 crores is encouraging to know the significant role played by these outfits. After all, we are in a competitive world in the reforms era!